Oh Shift: what changed
Two fiscal years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
Oh Shift
Largest movements
- Receivables after one year -€32,918
down €32,918 (-100.0%), from €32,918 to €0
- Tangible fixed assets +€7,167
up €7,167 (+205.9%), from €3,481 to €10,648
of which Other tangible fixed assets: +€6,888
- Cash -€7,141
down €7,141 (-15.6%), from €45,675 to €38,534
mainly Contributions, distributions and other (-€80,000) and Investment in fixed assets (net) (-€10,317)
- Receivables within one year +€4,023
up €4,023 (+31.2%), from €12,901 to €16,925
of which Trade receivables: +€2,898
- Reserves -€27,681
down €27,681 (-32.5%), from €85,062 to €57,381
- Tax, wage and social debts -€1,993
down €1,993 (-38.0%), from €5,238 to €3,246
of which Remuneration and social security: -€1,841
- Gross operating margin +€9,189
up €9,189 (+15.2%), from €60,276 to €69,465
- Taxes +€1,691
up €1,691 (+13.3%), from €12,685 to €14,376
- Depreciation +€859
up €859 (+42.1%), from €2,042 to €2,901
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Cash bridge derived
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €95,531 | €66,719 | -€28,812 | -30.2% |
| Fixed assets | 21/28 | €3,481 | €10,898 | +€7,417 | +213.0% |
| Tangible fixed assets | 22/27 | €3,481 | €10,648 | +€7,167 | +205.9% |
| Furniture and vehicles | 24 | €3,481 | €3,761 | +€279 | +8.0% |
| Other tangible fixed assets | 26 | - | €6,888 | +€6,888 | |
| Financial fixed assets | 28 | - | €250 | +€250 | |
| Current assets | 29/58 | €92,050 | €55,821 | -€36,229 | -39.4% |
| Amounts receivable after more than one year | 29 | €32,918 | €0 | -€32,918 | -100.0% |
| Other amounts receivable | 291 | €32,918 | €0 | -€32,918 | -100.0% |
| Amounts receivable within one year | 40/41 | €12,901 | €16,925 | +€4,023 | +31.2% |
| Trade receivables | 40 | €12,652 | €15,550 | +€2,898 | +22.9% |
| Other amounts receivable | 41 | €250 | €1,375 | +€1,125 | +450.9% |
| Current investments | 50/53 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €45,675 | €38,534 | -€7,141 | -15.6% |
| Deferred charges and accrued income | 490/1 | €556 | €362 | -€193 | -34.7% |
| Total equity and liabilities | 10/49 | €95,531 | €66,719 | -€28,812 | -30.2% |
| Equity | 10/15 | €90,062 | €62,381 | -€27,681 | -30.7% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €85,062 | €57,381 | -€27,681 | -32.5% |
| Distributable reserves | 133 | €85,062 | €57,381 | -€27,681 | -32.5% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €5,469 | €4,338 | -€1,131 | -20.7% |
| Amounts payable within one year | 42/48 | €5,469 | €4,338 | -€1,131 | -20.7% |
| Financial debts | 43 | €0 | - | = | |
| Credit institutions | 430/8 | €0 | - | = | |
| Trade debts | 44 | €231 | €361 | +€130 | +56.3% |
| Suppliers | 440/4 | €231 | €361 | +€130 | +56.3% |
| Taxes, remuneration and social security | 45 | €5,238 | €3,246 | -€1,993 | -38.0% |
| Taxes | 450/3 | €3,398 | €3,246 | -€152 | -4.5% |
| Remuneration and social security | 454/9 | €1,841 | €0 | -€1,841 | -100.0% |
| Other amounts payable | 47/48 | €0 | €732 | +€732 | |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,042 | €2,901 | +€859 | +42.1% |
| Other operating charges | 640/8 | €141 | €544 | +€403 | +287.1% |
| Gross operating margin | 9900 | €60,276 | €69,465 | +€9,189 | +15.2% |
| Operating profit (loss) | 9901 | €58,094 | €66,021 | +€7,927 | +13.6% |
| Financial income | 75/76B | €1,505 | €828 | -€677 | -45.0% |
| Recurring financial income | 75 | €1,505 | €828 | -€677 | -45.0% |
| Financial charges | 65/66B | €213 | €155 | -€59 | -27.4% |
| Recurring financial charges | 65 | €213 | €155 | -€59 | -27.4% |
| Profit (loss) for the period before taxes | 9903 | €59,386 | €66,694 | +€7,308 | +12.3% |
| Income taxes | 67/77 | €12,685 | €14,376 | +€1,691 | +13.3% |
| Profit (loss) for the period | 9904 | €46,701 | €52,319 | +€5,618 | +12.0% |
| Profit (loss) for the period to be appropriated | 9905 | €46,701 | €52,319 | +€5,618 | +12.0% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.